Results 181 to 190 of about 90,126 (252)

Reference dependence and lottery participation

open access: yesEconomic Inquiry, EarlyView.
Abstract We assume that lottery participants are poor relative to their target income. Reference dependence with loss aversion can render the marginal utility of income non‐monotonic in line with the Friedman–Savage hypothesis. As a result, lottery participation can be rationalized without invoking probability weighting.
Robertas Zubrickas
wiley   +1 more source

Closed‐Form Optimal Investment Under Generalized GARCH Models

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT This paper introduces a new class of stochastic volatility models for asset prices, the generalized Heston Nandi GARCH (GHN‐GARCH), with the primary objective of optimal dynamic asset allocation under expected utility theory for constant relative risk aversion investors. We study some of its theoretical properties, and demonstrate that the GHN‐
Marcos Escobar‐Anel   +2 more
wiley   +1 more source

Tropical gradient descent. [PDF]

open access: yesJ Glob Optim
Talbut R, Monod A.
europepmc   +1 more source

Stock Option Incentives and Corporate Hedging Decisions: Theory and Empirical Evidence

open access: yesFinancial Markets, Institutions &Instruments, EarlyView.
ABSTRACT This paper examines how managerial risk‐taking incentives impact corporate hedging decisions. By nesting a well‐known corporate hedging model within a principal‐agent framework, we show that managers are motivated to maintain the same level of hedge intensity even if they are provided with stock option incentives.
Chengcheng Charlie Huang, Yisong S. Tian
wiley   +1 more source

Diagnostic Impact of Two‐Dimensional Shear Wave Elastography for Liver Fibrosis: A Multicenter Retrospective Study

open access: yesHepatology Research, EarlyView.
Two‐dimensional shear wave elastography demonstrated strong correlation with magnetic resonance elastography and high diagnostic accuracy for liver fibrosis across stages in 744 patients with chronic liver disease, supporting its role as a reliable non‐invasive tool for fibrosis assessment.
Takashi Nishimura   +26 more
wiley   +1 more source

Implantoplasty Positively Influences Biofilm Removal During Toothbrush: An In Vitro Study

open access: yesInternational Journal of Dental Hygiene, EarlyView.
ABSTRACT Purpose To analyse the effect of implantoplasty on the efficacy of brushing dental implants. Methods Acrylic hemi‐arches were made to simulate a horizontal bone loss condition in an implant in position 46, exposing 3 mm of its cervical intra‐osseous portion. Implantoplasty was performed on the implant surfaces of the test group, and no surface
Robson Iralla Rezende   +1 more
wiley   +1 more source

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